Enjoy!

Germany's effects

   Another country that started their depression shortly after/ because of  WWI. A big downfall for Germany was that they had signed the Treaty of Versailles. This treaty states that they will help other countries with their finances to improve their industries. So, to help other countries, they had to constantly print off their currency. But, in order for a country to print off a certain amount of currency, they must have worth behind it. Since they were printing off so much currency and had very little worth for it, their currency then became worthless. With all this money needed from them, they had to get every last bit, so they went even as far as to take peoples' savings.  So in 1932, Germany's reparations to other countries was suspended. During this time, unemployment went up to thirty percent. When Adolf Hitler took over in 1933, their Depression began to go away, yet a new worry and tragic events began. This is when they began largely manufacturing firearms , which pushed them further into WWII.

France's effects

  The reason France went through a depression was because they had an underdeveloped economy. A big part of France's money comes from people visiting and touring. If they had had better farming, their exports could still be beneficial, but they had always had a weak farming industry. But, because people were very low on money, they were unable to tour France, which left them with less money. Another reason France was in a depression sooner, like the United Kingdom, was because they suffered from WWI. They relied on Germans to repair their damage and pay for their reconstruction but this was also unavailable, making it even harder for them to recover. This is when their Depression took place. In 1934, a riot was held that ended up overthrowing the French government. Since the government was overthrown, Popular Front, a socialist group led the government. But, the new government was hard for people to get used to and didn't work out very well. The result of this was a longer Depression for France and they were the last country to fully recover.

United Kingdom effected

    United Kingdom's great depression began shortly after WWI. They had not yet recovered from their depression once America's Great Depression started. This is largely due to the fact that they relied on mostly exporting and other countries' economies went down and couldn't purchase as much from them. So, when the Great Depression in the 1920's hit, it was even harder for the United Kingdom. During the depression, the unemployment rate more than doubled from one million to two and a half million. The employment rate for this country started to increase and get back to normal around 1935. Then, when the second World War came about, it increased the employment rate because men were needed as soldiers. Also, when the Gold Policy was set back into place, banks reduced their rate from six to four percent. After recovering, there was a twenty-five percent increase in their GDP. Their unemployment rate was finally back to normal and hoping to improve.

Bibliography

• ., School Tube Inc. " The Great Depression - SchoolTube." SchoolTube. N.p., n.d. Web. 3 May 2013. <http://www.schooltube.com/video/ec443cf5114448d2ad36>.

• 9, March, and three-quarters of the nation's closed banks will be back in business.. " Timeline . Riding the Rails . American Experience . WGBH | PBS." PBS: Public Broadcasting Service. Lonestar College Kingwood Library, n.d. Web. 2 May 2013. <http://www.pbs.org/wgbh/americanexperience/features/timeline/rails-timeline/>.

• Britannica, inc. "G." Compton's by Britannica. Chicago, Ill.: Encyclopædia Britannica, 2007. .. Print. 

• Evans, Harold, Gail Buckland, and Kevin Baker. "The Great Depression." The American century. New York: Knopf, 1998. 218. Print.

• Kangas, Steve. "Timeline of the Great Depression." Great Depression. Resurgence Magazine, n.d. Web. 3 May 2013. <www.hyperhistory.com/online n2/connections/greatdepression.html>.

• Rosenberg, Jennifer. "Great Depression Pictures." 20th Century History. About.com, n.d. Web. 2 May 2013. <http://history1900s.about.com/od/photographs/tp/greatdepressionpictures.htm>.

• "The Great Depression — History.com Articles, Video, Pictures and Facts." History.com — History Made Every Day — American & World History. A&E Television Networks, LLC, n.d. Web. 30 Apr. 2013. <http://www.history.com/topics/great-depression>.

• "War in Iraq." quotes from the great depression. N.p., n.d. Web. 3 May 2013. <www.iraq-war.ru/article/120692>.

•  "Great Depression: The Concise Encyclopedia of Economics | Library of Economics and Liberty." Library of Economics and Liberty. Liberty Fund, Inc., n.d. Web. 6 May 2013. <http://www.econlib.org/library/Enc/GreatDepression

• "American Cultural History - 1930-1939." LSC-Kingwood Library. N.p., n.d. Web. 3 May 2013. <http://kclibrary.lonestar.edu/decade30.html

Timeline

• October 1929- Stock market crashes.
• March 1930- More than 3.2 million people were unemployed
• February 1931- Food riots began.
• December 1931- New York's Bank of America collapsed.
• January 1932- The Reconstruction Finance Corp. was established by congress to lend 2 billion dollars to certain companies and organizations.
• June 1932- WWI veterans set up encampments by the White House  to pass the bonus bill which was a success.
• July 1932- The Reconstruction Finance Sorporation lends money to needy states from the National Treasury.
• November 1932- Franklin D. Roosevelt was elected as president.
• April 1933- Roosevelt orders the nation off the gold standard.
• April 1933- The Civilian Conservation Corps was established to help employ men between 17-27 years of age.
• May 1933- Harry Hopkins gets issued grants more than $5 million dollars by the end of is first day.

Facts

1. 25% of all workers were unemployed.
2. People who didn't have homes snuck onto freight trains to cross the nation.
3. This was worldwide, but America was one of the worst.
4. The longest lasting effect of this is the Federal government's role in the economy.
5. It is not agreeably determined on what caused it.
6. The life axpectancy for males was 58 years.
7. The life expectancy for females was 61 years.
8. It greatly effected the art at the time.
9. It was difficult to keep schools open.
10. Many board games were invented.

Overview

The Great Depression was the longest economic downfall in the Western industrialized world. It started after the stock market crash on October 1929. This wiped out most of the investors. Everything was going downhill including industrial output and the level of unemployment decreased. The depression reached its worst point in 1933. During that time, 13-15 million Americans were unemployed. Along with that, about half of the banks failed. By 1933, one-fourth of all farmers lost their land. President D. Roosevelt was president through this tough time. The depression finally ended during WWII when the industry was at a high demand.

Quotes and Pictures

"We have hit bottom and are on the upswing."- James Davis: 1930

"President Hoover predicted today that the worst effect of the crash upon unemployment will have been passed during the next sixty days."-Washington dispatch: 1930

"While the crash only took place six months ago, I am convinced we have now passed the worst and with continued unity of effort we shall rapidly recover...:- President Hoover: 1930

"President Hoover has summoned Colonel Arthur Woods to help place 2,500,000 persons back to work this winter."- Washington dispatch: 1930

"The depression has ended."- Dr. Julius Klein : June, 1931

For a video:  http://www.schooltube.com/video/ec443cf5114448d2ad36/

Let's Get Started!

 The reason I chose the Great Depression was because I want to educate myself more about this troubling time. I also think more people should know about this so that they know that they have it a lot better than people did during this time and hopefully be more grateful. I also believe there is a great chance that we could have another great depression with the way our country is going. The world is turning into a harsh place and it is getting tougher and tougher to hold onto money. Money is becoming a great issue which is why I want to find out how the people in the Great Depression worked through that hard time when money wasn't available.